Brunswick Lowers FY2024 Outlook: Adj EPS from $7.00-$8.00 to $5.00-$5.50 vs $7.15 Est; Sales from $5.20B-$5.40B vs $5.97B Est

Author: Benzinga Newsdesk | July 25, 2024 06:19am

The result is the following updated guidance to match these market realities:
1. Net sales between $5.2 to $5.4 billion;
2. Adjusted diluted EPS in the range of $5.00 to $5.50;
3. Free Cash Flow in excess of $350 million;
4. Annual share repurchases of approximately $200 to $220 million; and
5. Third quarter 2024 net sales between $1.2 billion and $1.3 billion, and adjusted diluted EPS in
the range of $1.15 to $1.25

Posted In: BC